Last year, Warburg Pincus formed a joint venture with MQ Logistics called Qube Industrial. Qube Industrial received physical assets from MQ Logistics to secure seed assets. At the time, MQ Logistics transferred its assets located in Gimpo and Namyangju, as well as one asset under development in Gimhae, and an asset located in Yangju, which had received approval permits but was not yet completed. The Gimhae Juchon Logistics Center will be the first real test bed for Qube Industrial. The project had to attract tenants and refinance ahead of completion. The Gimhae Juchon Logistics Center, located at 996 Deokam-ri, Juchon-myeon, Gimhae-si, Gyeongsangnam-do, has a land area of 9,014 pyeong and […]